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How Allen Kopelman Challenges the Big Players in the Payment Processing Industry
16th July 2024 • How to Scale a Business • Amplafy Media
00:00:00 00:31:05

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In this episode, Allen Kopelman shares his journey from being a chef to founding a successful payment processing company. He discusses the challenges and changes in the industry, from the early days of phone-line credit card machines to the current era of WiFi-enabled devices. Allen explains the importance of adapting to technological advancements and staying ahead of industry trends, while also addressing the pitfalls businesses might face with major providers like PayPal and Stripe. This is a must-listen for business owners looking to safeguard their financial operations.

Chapters

  • 00:00:00 - Welcome to the Show: Introducing Allen Kopelman
  • 00:01:00 - From Chef to Payment Processing Pioneer: Allen's Unlikely Journey
  • 00:02:54 - The Tech Revolution: Transforming Payment Processing
  • 00:06:02 - David vs. Goliath: Competing with Industry Giants
  • 00:11:29 - Secrets to Smooth Transactions: Best Practices Revealed
  • 00:12:43 - Avoiding Disaster: Top Fraud Prevention Tips
  • 00:17:30 - The Fine Print: Why Reading Terms of Service Matters
  • 00:20:45 - Scammers Exposed: Shocking Identity Theft Stories
  • 00:27:48 - Parting Wisdom: Final Thoughts and How to Connect

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